Question 1

Is South Stradbroke a nice place to live?

Accepted Answer

South Stradbroke is an island suburb off the Gold Coast defined by long sandy beaches, shifting sand dunes and stretches of coastal bush and wetlands. Housing is low-density with holiday accommodation tucked into a mostly undeveloped landscape, and the island is accessed primarily by boat. Life there is laid-back and nature-focused, centred on boating, fishing, beach walks and birdlife, while residents rely on the mainland for most shops, schools and other major services.

The community numbers 142 people, with a median age of 53 and a median household income of $1,062 a week, roughly $55,200 a year.

Most families are couples: about four in five (81.2%) are couple families without children and about one in five (18.8%) are couple families with children.

Homes in South Stradbroke are largely owner-occupied, with three in four dwellings (75.0% owner-occupied: 61.1% owned outright and 13.9% owned with a mortgage) and one in four rented (25.0%).

Question 2

Is it expensive to live in South Stradbroke?

Accepted Answer

South Stradbroke hasn't had enough recent sales or rentals to publish reliable house or unit prices or typical rents. Without current price or rent figures, it's not possible to describe how expensive it is to live in South Stradbroke compared with what a typical local household earned at the most recent Census. For context, the ABS recorded a median total household income of $1,062 a week at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is South Stradbroke a good place to invest?

Accepted Answer

Unit values in South Stradbroke rose 35.5% over the past 12 months, a strong increase in the capital value of units. For someone focused on capital growth from units, that is the key figure to consider. There is limited published movement for the other measures this year, so rents and house-value changes are not shown in these figures.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	35.5%
Sold Past 3 months	2	1
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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